Can Predictive Analytics combined with lean principles have an impact on today’s strained healthcare system? LeanTaaS believes that they can by significantly improving asset utilization at hospitals and clinics across the country. “The reality is that health systems are facing enormous headwinds regarding growing volumes,” says company founder and CEO Mohan Giridharadas. There is a […]
Semantic Technologies, AI, and Big Data Working Together
Data Scientists and Big Data Analysts can now access knowledge from around the world by using a new platform, called JoveEye. Its launch was announced by GTCOM (Global Tone Communication Technology Co., Ltd) in New York City. JoveEye is an Artificial Intelligence-powered Big Data research platform that offers quick and efficient data responses, displaying the […]
The Future of Machine Learning and Artificial Intelligence
Artificial Intelligence (AI) and associated technologies will be present across many industries, within a considerable number of software packages, and part of our daily lives by 2020. Gartner has also predicted that by 2020, AI will become one of the top five investment priorities for at least 30 percent of Chief Information Officers. Global software […]
Building an Effective Data Science Team
Dr. Cindi Thompson considers Data Scientists to be raccoons: “Raccoons are both smart and dangerous, and that’s kind of the way we think about Data Scientists.” Speaking at the DATAVERSITY® Enterprise Analytics Online 2017 Conference, in her presentation titled “How to Get the Most Value from Data Science Teams” Thompson said, “Raccoons have that desire […]
Case Study: Data Virtualization Seasons the Machine Learning and Blockchain Landscape for McCormick
Food flavoring giant McCormick is spicing things by adopting Data Virtualization for a number of its key projects including the deployment of Machine Learning techniques and a Blockchain collaboration program with a prominent retailer as part of a plan to better control food quality. In a recent DATAVERSITY® interview with Terry Moon, an Information Architect […]
Advanced Analytics: Exploration of Some Transformative Future Trends
The wide availability of streaming devices, monumental volumes of data, cheap storage platforms, and hosted Analytics Infrastructure have jointly contributed to the rapid adoption of Advanced Analytics by businesses of all shapes and sizes. Any reasonably well-informed business can now take advantage of outsourced Analytics Platforms and extract the maximum value from their data. This […]
The Future Impact of Data Science on Business Analytics
The field of Data Science is in a transitional mode in terms of how the latest data technologies are being used to solve business problems for a strategic advantage. In the near future, Data Scientists will conduct their business very differently. As Big Data, algorithm economics, IoT, and Cloud continue to become mainstream across global […]
A Hybrid Approach to Leverage Intelligent Analytics
“The need to merge real-time analytical processing with on-the-spot transactional decision-making is a problem common to all industries,” noted Monte Zweben, Splice Machine’s cofounder and CEO in a recent DATAVERSITY® interview. Intelligent predictive applications are trained to learn and to adapt, rather than simply being programmed with a limited series of responses. Predictive applications can […]
Internet of Things vs. Edge Computing: Processing Real-Time Data
In Edge Computing, “data” is processed near the data source or at the edge of the network while in a typical Cloud environment, data processing happens in a centralized data storage location. The Forbes post This Is What You Need to Learn about Edge Computing provides a good illustration of this point. New iPhones have […]
Artificial Intelligence Has its Foundation in Good Data
Creating value and competitive advantage are two top use cases for Artificial Intelligence (AI). Now, it’s time for businesses to really get their hands on how to put it to work to those ends. Most companies are ready and willing to take it on. In the case of large enterprises, they’re looking for ways to […]